- CertiK Hunt is purposely exclusive, enabling only authorized security researchers to participate.
- In order to provide a trustworthy environment for academics and collaborating organizations, projects that join the platform are carefully evaluated prior to program start.
CertiK, the leading Web3 security firm, today announced the introduction of CertiK Hunt, an invite-only platform linking top security researchers with Web3 projects. Through CertiK Hunt, projects may create bug bounty programs, audit contests, and AI challenges, with further capabilities planned in future iterations.
CertiK Hunt is purposely exclusive, enabling only authorized security researchers to participate. This strategy is intended to address one of the main issues that bug bounty programs now face: a high level of spam and subpar submissions. Researchers are assessed based on their technical knowledge, past results, track record, and reputation within the security community.
In order to provide a trustworthy environment for academics and collaborating organizations, projects that join the platform are carefully evaluated prior to program start.
“We’ve seen too many cases across the industry where security researchers submit valid vulnerabilities only to face disputes or delayed payouts,” said Margarita Kadochnikova, Head of Communications at CertiK. “CertiK Hunt is built to create a trusted environment where high-quality researchers can focus on finding impactful vulnerabilities, projects receive meaningful security insights, and both sides know the rules will be applied fairly.”
The debut comes at a key juncture for Web3 security. The industry is moving more and more away from one-time audits and toward continuous security after yet another year in which attacks cost billions of dollars. The cost of undetected vulnerabilities is rising as digital asset markets develop, regulations get more stringent, and procedures become more intricate. By matching seasoned security researchers with projects that need ongoing, superior security testing, CertiK Hunt tackles this problem.
“CertiK Hunt is the next step in our mission to secure the Web3 ecosystem,” said Hudson Jameson, Head of Ecosystem at CertiK. “By building a network defined by signal and quality rather than volume, we are creating a platform where the best researchers can do their most impactful work, while giving projects greater confidence in the security of their code.”
By offering projects ongoing, researcher-driven testing during the course of their applications, CertiK Hunt expands upon the conventional security assessment. By integrating formal audits with continuing bug bounty programs, audit contests, and AI-powered security efforts, the platform helps projects better their security posture even after code is launched.
As the biggest supplier of Web3 security services, CertiK uses cutting-edge formal verification technology to safeguard and keep an eye on smart contracts and blockchain protocols. Established in December 2017 by academics from Yale University and Columbia University, CertiK brings state-of-the-art breakthroughs from academia to business, allowing mission-critical systems to grow safely and accurately.
CertiK is a real industry leader in blockchain security, one of the fastest-growing and most reputable firms. To date, CertiK has safeguarded over $600 billion in digital assets, worked with over 5,000 business customers, and found over 180,000 vulnerabilities in blockchain technology. Its clientele include industry-leading projects like as Binance, Ethereum Foundation, BNB Chain, Aptos, Ripple, Sandbox, Polygon, and TON.
Since its founding, CertiK has garnered investments from 12 top-tier firms, including Sequoia, Coatue, Goldman Sachs, Shunwei Capital and Insight Partners, with a valuation of more than $2 billion.
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